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Use the following selected information from Whitman Corp, to determine the Year 1 and Year 2 trend percentages for net sales using Year 1 as
Use the following selected information from Whitman Corp, to determine the Year 1 and Year 2 trend percentages for net sales using Year 1 as the base. Net sales Cost of goods sold Operating expenses Net earnings Year 2 Year 1 $283,200 $232,800 150,500 130,990 53,840 51,840 29,420 21,220 Multiple Choice 35.8% for Year 2 and 39.6% for Year 1 53.7% for Your 2 and 56.3% for Year 1 6733 for Year 2 and 646% for Your 114.9% for Year 2 and 100.0% for Year 1 121.6% for Your 2 and 100.0% for Year
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